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Parallel Accounting is a Key Tool for Global Companies with Multiple Reporting Requirements

Bramasol

SAP addresses these challenges through a Parallel Accounting approach that offers flexibility to integrate multiple subsidiaries using either an account-based or a ledger-based approach. and also the status of their overall digital transformation journey and migration to SAP S/4HANA. Inventory Accounting (MM and ML).

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Getting the decisions right: how can CFOs be future-ready

Future CFO

Chief financial officers need to get decisions right for their organisations to provide business confidence in investing in growth. The CFO can play an even bigger part in the future success of the business. The post Getting the decisions right: how can CFOs be future-ready appeared first on FutureCFO.

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Planful vs. Vena

The Finance Weekly

Key Features Predict Signals As a part of the Planful Predict suite of AI/ML capabilities, this tool spots suspect differences and unusual data using AI-driven anomaly detection. It helps you catch errors before it's too late, highlighting potential slip-ups, broken formulas, and financial data mistakes.

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Amex, IBM Make B2B Finserv A Mixed Bag For Q2

PYMNTS

IBM missed the mark, Kyriba boasted its growth, and SAP has its S/4HANA solution to thank for a strong quarter. Here’s all the financial data you need to know from some of the largest B2B finance and tech businesses. SAP is thanking S/4HANA for its strong performance in Q2. American Express Global Commercial Services.

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How 6 organizations have achieved Superplännen

Jedox Finance

The organization leverages cross-organizational data to empower end users to derive critical insight from Salesforce, SAP, and Excel. The platform is embedded in the Salesforce environment, and the self-service functionality enhances analysis of customer relationship management (CRM) and other vital data from any angle.

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How to Simplify Consolidated Financial Statements

Planful

Your finance team’s scrambling to gather data from the various business units within the organization, dealing with an overwhelming number of spreadsheets, and creating multiple versions of the same consolidated financial statement to comply with different regulatory bodies. It’s close time. Sound familiar?

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Accounting Scandal Hits Oracle Cloud

PYMNTS

Oracle has been in a tight race with rivals, like Salesforce and SAP, to provide cloud services to the enterprise. According to reports, the company was hit with a lawsuit by a former senior finance manager accusing the company of manipulating accounting data within its cloud services unit. .